My Roth IRA has a balance of $126K. Of this, $24K is my original contributions, the rest is gains (lucky me!). My contributions were made between 1999 and 2009. My understanding is that I can withdraw my contributions with no tax consequences. In my case, this could be up to $24K.That's correct. You'll report the withdrawal in Part III of Form 8606. Is there anything that I need to watch out for before I make the withdrawal?"Can" doesn't mean "should." Remember that 61 days after you remove this money it's gone for good. Have you considered all possible sources of the needed funds?Not that you asked, but you also should examine how this need came upon you and why you weren't able to meet it without tapping retirement accounts.PhilRule Your Retirement Home Fool
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